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I really doubt that the U.S. is afraid of rising oil prices at all.
Buffett buys Occidental Petroleum.
Trump takes Venezuela.
All of this was a setup for today's situation.
Now the Strait of Hormuz is blocked, and oil from the Middle East can't be sold.
So the ones benefiting are actually the U.S. and Russia,
because they are major oil-producing and exporting countries.
Therefore, the U.S. might be putting on a show for the world to see.
Keep the blockade going; it's only Asia and the Middle East that will suffer.
The U.S. CPI won't rise because of the strait issue.
The reason is simple: the U.S. has enough oil.
The ones that don't have enough are still the Asian countries.
This seems to clarify why the Nasdaq and BTC are quite stable.
Additionally, with rising oil prices, industrial costs in Asia are increasing,
which could potentially benefit the manufacturing sector returning to the U.S.
But it seems that Trump and the U.S. are also very concerned about oil prices.
So I actually don't understand it either; I'm just discussing it.
The above is just speculation.
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